Engadget reports that FiftyThree has launched its bluetooth-enabled pencil stylus in two different styles: Walnut + Magnetic Snap for $59.95 and Graphite for $49.95.

The pencils work with FiftyThree's app, Paper, and come with palm rejection so users don't need to worry about resting their hand on the iPad while drawing. It also comes with an eraser that allows users to simply turn the pencil over to erase away any unwanted marks. Users can even use their fingers to help smooth over certain areas, blending them together.